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Which of the following statements about joint-cost allocation is false? Joint-cost allocation is useful in making a profit determination about individual joint products. Joint-cost allocation is useful in deciding whether to further process a product after split-off. Joint-cost allocation can be accomplished by using several different methods that focus on sales value and product "worth." Joint-cost allocation is helpful in inventory valuation. Joint-cost allocation can be based on the number of units produced.

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henryadelani

Answer:

Second statement

Explanation:

First joint-cost allocation is the allocation of products that has quantity in units,size ,length relative to the total quantity of the product. I.e it is the quantity of individual product to the total quantity of the product times the total number. Based on this inventory report can be analyzed, as one of the option stated, the allocation can be based on production unit, Option a is true as profit and lose can be explained, all but the second statement as there is no split off in joint allocation ,all units are made use of ,so the second statement is false.

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